Tag Archives: Thomas Herndon

“You can observe a lot by watching.” – Yogi Berra The biggest story in economics this year revolves around a study by Harvard economists Carmen Reinhart and Kenneth Rogoff (“RR”). Their work has been credited (or blamed) for efforts around the … Continue reading →

Economists Carmen Reinhart and Ken Rogoff (“R&R”) have been widely cited for a study that concluded that growth rates for countries with public debt over 90% of GDP are lower than for countries with less debt. A recent critique by Thomas Herndon … Continue reading →